No emulator seems to be able to run this. In fact, they all behave in much the same way: title screen, barely visible map, crashes on any selected level. VBA-M isn't any different. Apparently it uses its own unique mapper.

It's a pretty obscure game indeed. Since it's an unlicenced game, could be sloppy coding that's causing it to fail to run properly... It uses a nonstandards mapper (mapper bankswitching could be tried, but the benefit of such an effort expense would be expected to be trivial at best)

In addition to VBA-M, I've tried the original VBA, BGB and KiGB. I've also got a (pirate-of-a-pirate) hack of it- called Pokémon Diamond Special Pikachu Edition- on an actual cartridge that works just fine on my GBC and GBA.
Just tested No$GMB, and it does the same thing.

There is a website that has a "patch" that's supposed to switch the mapper to 1, but as far as I can tell, this "patch" is completely nonfunctional.